As I said...
...a few days ago, this company has to make a move, make a decision. The choices are really SIMPLE: buy back a lot of stock or buy another operation. Doing the same old, same old has led this company's stock performance being near the bottom of the barrrel. Dregs, in other words.
Even with that dismal recent performance, B2 is still valued relatively highly. Just do a quick comparison to Kinross, for instance. K has a market cap of $8.9 Billion (Cdn) and some debt. B2 has a mkt cap of $5.1 B. Next year, B2 will produce about a million ounces, with luck, maybe 1.1 mm oz. Kinross will do 2.7.
Zero doubt from my viewpoint: Kinross is a FAR SUPERIOR value proposition. Things might change but right here, right now, B2 has a low growth profile and WAY too many shares outstanding. So they're going to buy something. Fine. Good idea. Just do it.